<h1>India to Re-Issue Four Government Stocks via Auction on June 23, 2017; Reserve Bank to Oversee Process.</h1> The Government of India announced the re-issue sale of four government stocks through a price-based auction. The stocks include 6.84% Government Stock 2022 for Rs. 3,000 crore, 6.79% Government Stock 2029 for Rs. 7,000 crore, 6.57% Government Stock 2033 for Rs. 2,000 crore, and 6.62% Government Stock 2051 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auctions on June 23, 2017, using a multiple price method. Up to 5% of the sale will be reserved for eligible individuals and institutions. Bids must be submitted electronically via the RBI's E-Kuber system, with results announced the same day.